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Getty Copper (TSXV:GTC) Cyclically Adjusted PB Ratio : 1.38 (As of Jun. 19, 2024)


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What is Getty Copper Cyclically Adjusted PB Ratio?

As of today (2024-06-19), Getty Copper's current share price is C$0.055. Getty Copper's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$0.04. Getty Copper's Cyclically Adjusted PB Ratio for today is 1.38.

The historical rank and industry rank for Getty Copper's Cyclically Adjusted PB Ratio or its related term are showing as below:

TSXV:GTC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.51
Current: 1.51

During the past years, Getty Copper's highest Cyclically Adjusted PB Ratio was 1.51. The lowest was 0.00. And the median was 0.00.

TSXV:GTC's Cyclically Adjusted PB Ratio is ranked worse than
66.4% of 1634 companies
in the Metals & Mining industry
Industry Median: 0.81 vs TSXV:GTC: 1.51

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Getty Copper's adjusted book value per share data for the three months ended in Mar. 2024 was C$0.026. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is C$0.04 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Getty Copper Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Getty Copper's Cyclically Adjusted PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Getty Copper Cyclically Adjusted PB Ratio Chart

Getty Copper Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.87 2.29 1.40 1.07 1.24

Getty Copper Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.07 1.32 1.46 1.24 1.26

Competitive Comparison of Getty Copper's Cyclically Adjusted PB Ratio

For the Other Industrial Metals & Mining subindustry, Getty Copper's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Getty Copper's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Getty Copper's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Getty Copper's Cyclically Adjusted PB Ratio falls into.



Getty Copper Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Getty Copper's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.055/0.04
=1.38

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Getty Copper's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Getty Copper's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.026/126.2576*126.2576
=0.026

Current CPI (Mar. 2024) = 126.2576.

Getty Copper Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.045 99.473 0.057
201409 0.045 99.394 0.057
201412 0.044 98.367 0.056
201503 0.043 99.789 0.054
201506 0.043 100.500 0.054
201509 0.041 100.421 0.052
201512 0.040 99.947 0.051
201603 0.040 101.054 0.050
201606 0.039 102.002 0.048
201609 0.038 101.765 0.047
201612 0.038 101.449 0.047
201703 0.038 102.634 0.047
201706 0.037 103.029 0.045
201709 0.037 103.345 0.045
201712 0.036 103.345 0.044
201803 0.035 105.004 0.042
201806 0.035 105.557 0.042
201809 0.035 105.636 0.042
201812 0.034 105.399 0.041
201903 0.034 106.979 0.040
201906 0.031 107.690 0.036
201909 0.031 107.611 0.036
201912 0.030 107.769 0.035
202003 0.029 107.927 0.034
202006 0.029 108.401 0.034
202009 0.028 108.164 0.033
202012 0.030 108.559 0.035
202103 0.029 110.298 0.033
202106 0.029 111.720 0.033
202109 0.028 112.905 0.031
202112 0.030 113.774 0.033
202203 0.030 117.646 0.032
202206 0.029 120.806 0.030
202209 0.029 120.648 0.030
202212 0.028 120.964 0.029
202303 0.027 122.702 0.028
202306 0.026 124.203 0.026
202309 0.026 125.230 0.026
202312 0.027 125.072 0.027
202403 0.026 126.258 0.026

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Getty Copper  (TSXV:GTC) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Getty Copper Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Getty Copper's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Getty Copper (TSXV:GTC) Business Description

Traded in Other Exchanges
Address
1000 Austin Avenue, Coquitlam, BC, CAN, V3K 3P1
Getty Copper Inc is a Canada-based exploration-stage company. It is engaged in the business of mineral exploration and mine development in the Highland Valley area of British Columbia. The company's properties include the Getty mineral claims, which are located within the Kamloops Mining District of Highland Valley.
Executives
Earl Hope Director

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